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MLS #7715808 image #0
East Lake Terrace Fixer Upper! Discover the exceptional potential of this East Lake area fixer-upper offered at $169,900! Perfectly positioned just one block from the world-renowned East Lake Golf Club, home of the PGA Tour Championship, this investment offers an unparalleled chance to capitalize on one of Atlanta’s most rapidly appreciating neighborhoods.The home sits on a desirable, level lot surrounded by beautiful, established residences and is just steps away from the fairways. Furthermore, it’s just a few blocks away from the Candler Crossing Development at Glenwood and Candler, a $28.9 million revitalization project. This major development will feature a new Publix, a renovated MARTA stop, and is projected to open in 2027, promising significant appreciation and lifestyle enhancements for the area. Check out the surrounding renovated comps and new construction sale prices. There are multiple exit strategies for this deal. Buy, fix and add to your rental portfolio (ARVs: $200,000 to $275,000), renovate and flip/renovate with additional square footage and flip (ARVs: Mid-$300,000 to Mid-$500,000) or do a build new ($600,000 to $1,400,000)! See attached documents including a foundation inspection and a quote for foundation repair and a rental grade rehab. Please do your due diligence (inspections, contractor estimates and capital expenditure budget) prior to submitting an offer to eliminate the due diligence period.
Current real estate data for Single Family in Decatur as of Mar 04, 2026
612
Single Family Listed
99
Avg DOM
$412,995
Avg List Price

Property Details

Price:
$169,900
MLS #:
7715808
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
East Lake Terrace
Listed Date:
Feb 6, 2026
Year Built:
1949
RanchWoodedParking TotalEast Lake TerraceRonald E McnairMcnair – DekalbMcnairNoneNeighborhood

Schools

Elementary School:
Ronald E McNair
Middle School:
McNair – Dekalb
High School:
McNair

Interior

Appliances
Dishwasher, Gas Range, Gas Water Heater, Range Hood
Bathrooms
1 Full Bathroom
Cooling
Central Air, Electric
Flooring
Hardwood, Tile
Heating
Central, Natural Gas, Forced Air
Laundry Features
Electric Dryer Hookup, In Kitchen, Laundry Closet, Main Level

Exterior

Architectural Style
Ranch
Community Features
Country Club, Curbs, Golf, Near Public Transport, Near Schools, Near Shopping, Park, Street Lights
Construction Materials
Block, Frame, Wood Siding
Exterior Features
Garden, Private Entrance, Private Yard, Rain Gutters
Other Structures
None
Parking Features
Driveway, Kitchen Level, Level Driveway
Parking Spots
1
Roof
Composition, Shingle
Security Features
Smoke Detector(s)

Financial

Tax Year
2025
Taxes
$4,135

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Subdivisions in Decatur

Property Summary

    Located in the East Lake Terrace subdivision, 500 Allendale Drive Decatur GA is a Single Family for sale in Decatur, GA, 30032. It is listed for $169,900 and features 3 beds, 1 baths, and has approximately 0 square feet of living space, and was originally constructed in 1949. The average listing price for Single Family in Decatur is $412,995. To schedule a showing of MLS#7715808 at 500 Allendale Drive in Decatur, GA, contact your Windsor Realty agent at 678-395-6700.

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